Rail disruption to cost Incitec Pivot $7 million per week
Posted On: Feb. 11, 2019 4:48 AM CSTAustralia-based Incitec Pivot Ltd. said that a flood-related closure of the rail line between Townsville and Phosphate Hill will cost the chemicals company $10 million Australia ($7 million) per week, SBS News reported. Incitec said that its Phosphate Hill plant is undamaged and will continue operations until it runs out of storage and materials.